Stores
South Korea wins race in aesthethic market: report
South Korea wins race in aesthethic market: report
The market is expected to grow 7% annually between 2022 and 2030.
South Korea’s convenience stores bring out rare gift sets for Chuseok
These gifts include high-end liquor sets, electric vehicles, and electronics.
UNIQLO opens pop-up store in Poland
This is the first physical presence of the retailer in the country.
Weekly News Wrap: Tencent eyes selling 17% stake in Meituan; H&M returns on Alibaba's Tmall platform
And Miniso to ditch Japanese-inspired branding over flak in China.
Consumer spending in South Korea to grow 2.8% in 2022
Household spending is expected to reach KRW793.9t during the year.
Central Group, Signa acquire Selfridges
Selfridges Group has 18 stores in three countries.
Southeast Asia’s bubble tea spending reaches $3.66b annually
Indonesia and Thailand were the biggest bubble tea markets in the region.
IKEA-anchored ‘meeting place’ begins construction in India
It is expected to open in late 2025.
Coca-Cola, Grab tie up to accelerate merchants’ digitalisation
The partnership covers six Southeast Asian markets.
Central Retail net profit soars over 470% in Q2
Its net profit stood at THB1.6b.
Fruitas posts record net income in Q2 2022 since listing
It reached over $411,000, increasing 232% YoY.
Weekly News Wrap: Apps turning leftovers to meals take off in Asia; China's Luckin Coffee eyes store expansion
And a Beijing consumer group summons grocery firm Missfresh over complaints.
Bright future ahead for Indonesia’s luxury market
A large pool of consumers in the country remains underserved.
Max’s Group net income skyrockets by 332% to P239.5m in Q2 2022
This is thanks to the ongoing supply chain efficiencies.
Philippines 7-Eleven reverses losses in H1
Its net income reached P890.4m in the first six months.
AllHome net profit drops 65% in H1
Its net profit declined to P222.1m, as of 30 June 2022.
Lawson net income climbs to JPY624m in Q1
This is up from JPY 393m in the same quarter last year.
Commentary
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